Posted on Thursday, August 08, 2013
In their lead article today Florida Realtor is reporting continued state-wide real estate market strength. They state “Florida’s housing market gained strength in second quarter 2013 with more closed sales, higher median prices, more pending sales and a shrinking supply of homes for sale compared to the same quarter in 2012, according to the latest housing data released by Florida Realtors®.” Please see their full article at (http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=1&id=295240).
Readers of the Naples Best Address Blog already know Naples continues to see rising prices on decreasing inventories. According to Sunshine MLS data, county-wide inventories are below five months. Ocean or Naples Bay side areas including Port Royal, Aqualane Shores, Olde Naples, Crayton Road, and Royal Harbor/Windstar are all seeing rising prices, rising closed sales volumes and rising pending sales volumes on a year to year basis.
Large scale developments are underway but unlikely to have much impact on inventories in the short-term. As tourist season – with its traditionally increased demand – arrives in ninety days upward price pressure seems likely.
Can you still find a good place in Naples? Absolutely – give us a call and we can help out.
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No legal, investment, or tax advice is being given in this Blog. Consult with legal, financial and tax professionals before acting on any real estate transaction. Actual real estate price and sales results are subject to market forces and are not completely predictable. The writings of this Blog are intended for the sole use of our clients.
Some of the data relating to Naples homes for sale and Naples real estate for sale on the NaplesBestAddresses.com website comes in part from the Broker reciprocity program of M.L.S. of Naples, Inc. The properties displayed here may not be all the properties available through the MLS reciprocity Program. This information is deemed reliable but is not guaranteed. Buyers and sellers are responsible for verifying all information about their purchase prior to closing.
Mark Goebel, PA is a REALTOR with Coldwell Banker on 5th avenue in Naples, Florida with 35+ years of visiting and living in Naples. After 25 years at Accenture, Mark retired as a managing director and spends his time helping non profits and building a Naples real estate team with his wife Nan. Talk to Mark and Nan about life in Naples and why they chose this place to live full-time over all others and enjoy Naples real estate.
Mark Goebel, PA REALTOR Coldwell Banker 5th Avenue South Mobile: 239.595.3921 NaplesBestAddresses.com Facebook: NaplesBestAddresses Youtube http://www.youtube.com/user/naplesbestaddresses?feature=results_main